- This event has passed.
Wake Up To Manufacturing (8/6/24): Crafting Innovation – Maximizing the Manufacturing R&D Tax Credit
August 6, 2024 @ 9:00 am - 10:30 am
Wake Up To Manufacturing IN PERSON Session
Description: Annually, the manufacturing industry claims $47.4 billion in Research and Development (R&D) tax credits; yet, numerous manufacturing companies mistakenly assume they do not qualify for the credit because they aren’t developing new products. If your company is attempting to improve or develop processes, products or software, you may be eligible for R&D tax credits.
Join Brown Plus for an insightful presentation on unlocking the potential of the R&D Tax Credit. We’ll provide information on the 4-part qualification test, cover a range of qualifying R&D activities tailored for manufacturers and outline the federal and PA filing requirements you need to know. We’ll also provide insights into Section 174 requirements for R&D expenditures and explore real-life case studies of how we’ve helped local manufacturing companies take advantage of the R&D Tax Credit. Let us help you see what’s possible to maximize your tax benefits, while also fueling growth and innovation within the manufacturing sector!
Takeaways:
- The R&D Tax Credit 4-part qualification test
- Qualifying R&D activities for manufacturers
- Federal and PA filing requirements
- Section 174 requirements regarding R&D expenditures
- R&D case studies of local manufacturing companies
Date: Tuesday, August 6th, 2024
Time: 9 am – 10:30 am
Location: Manufacturers’ Association Center of Excellence – 3405 Board Road, Ste. 100, York PA
Presenters: Randy Fackler, CPA, CEPA, MST, Principal & Tax Director, and Matt Fox, CPA, Tax Principal
Cost: FREE for Association Members & $15 for Non-Members